Why are Sustainable Development vietnam phone number sample strategies key for SMEs?
Opportunity to access new markets - Many large companies and public institutions are required to report on whether their suppliers meet sustainability goals, so they pay particular attention to this aspect when selecting business partners. They may prefer to work with entities that operate in line with an ESG strategy, making small and medium-sized companies with a sustainability agenda more attractive and sought after by large organisations.
Minimize your impact on the environment - Incorporating sustainability initiatives can include resource savings, energy efficiency, waste management, or investing in eco-friendly packaging or sustainable products. This improves the company's reputation, contributes to environmental protection, and reduces the company's costs.
Reduce operating costs - Saving energy and water and reducing waste have a positive impact on cost reduction, which promotes business growth and helps to better achieve its sustainability goals.
Strengthening relationships with business partners - The ESG strategy also takes into account the development of local communities and sustainable supply chain management, so that better business conditions can be achieved, procurement costs reduced, brand image improved and, consequently, the environment protected.